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s. rhepare the Statemetof Owner's Equity for 20x4 Problem 7 Lo Ghanic opened Chang Catering om May 1, 2013. The adjusted tril balance for May

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s. rhepare the Statemetof Owner's Equity for 20x4 Problem 7 Lo Ghanic opened Chang Catering om May 1, 2013. The adjusted tril balance for May s31. 20X3, follows: Chang Catering Adjusted Trial Balance May 31, 20x3 Cash Food Inventory Prepaid Expenses Equipment Accumulated Depreciation, Equipment Accounts Payable Notes Payable Lu Chang, Capital $ 9,000 20,000 2,000 15,000 10,000 20,500 7,500 5,200 800 Wages Cost of Food Sold Supplies Expense Other Expenses Total $ 48,300 S 48,300 ired: 1. Prepare an income statement. 2. Prepare a balance sheet 3. Prepare the statement of owner's equity all of Which of the futh han the

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